Stocks in Asia Edge Lower as Fed Anxiety Builds: Markets Wrap
This content was published on
(Bloomberg) — Asian shares fell, tracking Monday’s declines on Wall Street, as traders grew anxious about the pace of easing by the Federal Reserve beyond this week’s near-certain rate cut.
Stocks and Bonds Slide at Start of Big Fed Week: Markets Wrap
This content was published on
(Bloomberg) — Wall Street anxiety halted a four-day rally in US stocks while Treasuries joined a global bond slump ahead of the Federal Reserve’s final meeting of 2025. While an interest-rate cut is all but certain, traders are growing anxious about the pace of next year’s cuts.
Gold Surge Sees Shift to Speculative Asset From Haven, BIS Says
This content was published on
(Bloomberg) — Retail investors drove the recent gold price surge, pushing bullion out of its traditional safe haven pattern to a more speculative asset, according to the Bank for International Settlements.
L’Oréal Boosts Bet on Skin Fillers by Doubling Galderma Stake
This content was published on
(Bloomberg) — L’Oréal SA is doubling its stake in Galderma Group AG to 20%, as the French cosmetics and skincare company increases its bet on the maker of injectable fillers that rival Botox.
SNB Set to Avoid Negative Rate in Favor of ‘Lesser Evil’ for Now
This content was published on
(Bloomberg) — The Swiss National Bank is set to offer clues on just how high its bar is for a return to negative interest rates with a decision expected to keep them at zero.
Powell on Track for Fed Rate Cut Despite Some Dissent
This content was published on
(Bloomberg) — Federal Reserve Chair Jerome Powell is expected to push through another quarter-point interest-rate cut this week despite growing unease among fellow policymakers that inflation remains too high.
Swiss Population Cap Proposal Gets Almost 50% Backing in Poll
This content was published on
(Bloomberg) — A plan by Switzerland’s right-wing People’s Party to cap the population at 10 million has the backing of almost half the country, according to a poll before an expected vote next year.
US Stocks Hold Onto Gains as Fed Countdown Begins: Markets Wrap
This content was published on
(Bloomberg) — The stock market crept higher, but stopped short of records Friday, as traders refrained from making big bets ahead of the Federal Reserve’s interest-rate cut decision next week. Treasuries notched their worst week since June.
UBS Shares Rise on Report Swiss May Ease Part of Capital Hit
This content was published on
(Bloomberg) — UBS Group AG shares rose after Reuters reported that the Swiss government was considering easing part of a bank regulation package that would add billions to the lender’s capital requirements.
Energy Trader BGN Plans Global Gas Push Ahead of New Supplies
This content was published on
(Bloomberg) — Energy trader BGN is set to expand its fledgling natural gas business into a global portfolio with stakes in plants, vessels and pipelines.
S&P 500 Wavers on the Brink of Its All-Time Highs: Markets Wrap
This content was published on
(Bloomberg) — A rally that put the stock market within a striking distance of its all-time highs struggled to gain a whole lot of traction ahead of next week’s Federal Reserve decision. Bitcoin halted its rebound. Bonds fell.
This content was published on
(Bloomberg) — A rare type of asset-backed security is making a comeback as Britain’s retirees seek to unlock some of the value they’ve built up in their homes during a period of exponential house-price growth.
Swiss Ease Weapon Export Rules to Bolster Domestic Defense Firms
This content was published on
(Bloomberg) — Switzerland is set to relax strict rules on weapons exports, a relief for its defense industry which has lost business in the wake of Russia’s full-scale invasion of Ukraine.
This content was published on
(Bloomberg) — More evidence of a slowdown in the US jobs market reinforced bets the Federal Reserve will cut interest rates in its final policy meeting of 2025, driving stocks higher as bond yields fell alongside the dollar.
Logitech CEO Says AI Devices Are Solutions Looking for Problems
This content was published on
(Bloomberg) — Logitech International SA’s chief executive officer said the computer accessory maker is done for now with price hikes, while dismissing other hardware makers’ rush to build artificial intelligence-centric gadgets.
Glencore Promises Copper Expansion But Cuts Target for 2026
This content was published on
(Bloomberg) — Glencore Plc outlined plans to almost double copper production over the next decade as the miner seeks to reverse a slump in output, although it was also forced to lower its ambitions for next year.
Insider-Trading Ring Raided in SoftwareOne Share Sale Probe
This content was published on
(Bloomberg) — Police carried out raids across Europe as part of an investigation into five people suspected of insider trading in a listed Swiss IT firm.
Cosmo Shares Soar Most in 17 Years on Hair-Loss Treatment Data
This content was published on
(Bloomberg) — Cosmo Pharmaceuticals NV shares soared the most in 17 years after the company said its experimental treatment for male hair loss showed breakthrough results in two late-stage studies.
Swiss Inflation Unexpectedly Slows to Zero in SNB Setback
This content was published on
(Bloomberg) — Swiss inflation unexpectedly stalled in November and an underlying measure slowed to a four-year low, a setback for central bank officials just days before their final interest-rate decision of 2025.
S&P 500 Ekes Out Gain as Bitcoin Surges After Rout: Markets Wrap
This content was published on
(Bloomberg) — Wall Street staged a cautious rebound, with the S&P 500 stuck in a tight trading range despite a rally in cryptocurrencies that followed a rough start to December. Bonds and the dollar stabilized.
